Australia

Country in Oceania

In brief

GDP: $1.8T (2025). World rank 15 of 210; in Oceania, 1 of 19. GDP per person: $65,130 (2025). World rank 18 of 210 (1 = best); in Oceania, 1 of 19. Gross national income per person: $64,120 (2025). World rank 16 of 201 (1 = best); in Oceania, 1 of 16. From 2015 to 2025: GDP $1.4T → $1.8T, GDP per person $56,970 → $65,130, and GDP per person at purchasing power parity $46,465 → $71,934.

Size and growth

GDP: $1.8T 2025
GDP per person: $65,130 2025
GDP per person at purchasing power parity: $71,934 2025
GDP growth per year: +1.4% 2025

Income and prices

Income level (World Bank): High income
Gross national income per person: $64,120 2025
Inflation: +2.9% 2025
Price level, USA = 100: 90 2025

Structure and jobs

Agriculture, share of GDP: 2.3% 2025
Industry, share of GDP: 23.9% 2025
Services, share of GDP: 67.5% 2025
Unemployment: 4.1% 2025
Youth unemployment, ages 15–24: 9.6% 2025
Women in work or seeking work: 62.5% 2025

Trade and finance

Exports, share of GDP: 23.2% 2025
Imports, share of GDP: 22.7% 2025
Current account balance, share of GDP: -2.8% 2025
Foreign direct investment, share of GDP: +2.1% 2025
Remittances received, share of GDP: 0.1% 2025
Tax revenue, share of GDP: 23.6% 2022
Currency: Australian Dollar (AUD)

Poverty and inequality

Gini index (0 = full equality): 33.8 2020
Living on under $3 a day: 0.9% 2020